Economic Country Review
but after the crisis it grew greatly.
3.4 Household Consumption
That indicator is interesting to follow. Finland had the lowest household consumption per GDP
until the crisis. After the crisis the household consumption increased in Finland, but decreased in
Estonia and also in Hungary. What is amazing is that Estonia´s and Hungary´s household
consumption stayed so high for so long before the crisis and at the same time Finland showed
humble numbers (20022008). As the economic situation is unfavorable right now in Estonia, the
household consumption has come down to 50,9% per GDP, that is the lowest in 10 last years.
Hungary is ahead from Estonia covering 52,9% and Finland had the leading role in 2011 with 55%
of household consumption per GDP.
3.5 Investments
Remarkably, Estonia has had enormously higher percentages in investments per GDP. It´s peak
was in 2006, when it reached 36% of GDP
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